My Business Plan

Business Plan

Marketing Plan Plus Education Equals Growth

Marketing Plan Plus Education Equals Growth

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When you open your new business, one of the first things you’ll need to do is take initiative to find clients, so you should make sure you have a clear marketing plan together before starting your business. No business is guaranteed to succeed. Even if you have the right motivation behind finding prospective clients who might be interested in your products and services, you have no way of guaranteeing those clients will come to you instead of your competition. Therefore it pays off to have more than one way of getting clients to find your business among your competitors. 

You need to have several marketing strategies within your marketing plan. Each marketing strategy will give your company another way of making it so that customers can find your business. It’s like you’re giving your company more fishing rods, and the ocean is a big marketplace where many fish swim around. You’ll be more likely to catch something if you have more than one rod in the fishing hole. However, you need to be able to be there if one of your rods gets a bite. If one of your marketing strategies produces considerable feedback, you need to be there to usher in as many clients as possible.

This is why you need to have a staff of intelligent employees. The employees you hire to run your company need to be able to handle business on their own if the time comes around that you are not available. You might want to consider the long-term goal of creating a self-sustaining environment, meaning you can walk away from your store while other people are handling everything to keep the business going. This is a great idea if you are considering opening other business locations. When you have multiple streams of clients coming to your doors from the multiple business locations or multiple marketing strategies, you will be happy to have people around whom you can trust.

Your staff needs to know everything they could possibly learn about your products. If you’re in the CBD industry, people need to be aware of different strains, for instance. Your employees should know what a 500 mg CBD tincture will do when taken by the prospective client. They employee doesn’t need to know from their own experience, however. If you recommend readings to employees, you might be surprised that some of the employees will educate themselves on your products. You can recommend books, or you could try to print of articles to inform your staff.

Having a solid marketing plan is the first step to having a stream of potential buyers at your store. You can plan to have the employees learn when the time comes, but you need to know the information as well. Take an initiative to learn everything you can about your products and services. This might mean that you take an hour each day to learn about one specific product, or you might take a class.

 

George

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